quinlash, once again you postbmisleading and inaccurate information, do you do this on purpose or do you simply not understand how to read financials?
First - debt is down because they paid it down with both cash and by paying debt with shares. Less cash on hand and share dilution to reduce debt is not the same as positive cash flow to pay down debt.
EPS is up and down over the years - there's nothing significant there and per Tikrays own financials and press releases - gross margins are down with the costs to produce products increasing. Simple Simon has never been able to control costs.
Of the $200 million net revenue (US $ - don't get confused quinlash) -
alcohol $ 56 million
cannabis 60
disyribution 68
wellness 14
Pure cannabis sales $60x 4 = $240 million hardly dwarfs other cannabis companies - MSOs such as Curaleaf report Net Revenue of $1.5 BILLION USD, as do 6-8 others.
Hexo, prior to acquisition reported $180 million - they now contribute $40 million annually. What happened to Simple Simon's revenue guidance of $4 billion by the end of 2024?
THAT was all cannabis - he's reporting $240 million???
Do some research before posting inaccurate and false information - cede at days everyone knows you're posting nonsense anyway - if Tikray is doing well, why do you need to falsify numbers?
Post by
quinlashon Nov 27, 2024 7:52am 391 Views
Post# 36333031
TLRY Bigger Than you Think
Investors should be looking at where this company's EPS is vs comparable companies. It's obvious the CEO has been doing well and growing revenue numbers.
Revenue dwarfs many other cannabis companies and margins are getting stronger as well.